Summit Stoves 6 Lancaster Pkwy Lancaster, NY 14086 Call 716-683-1500
Store
Hours
$1,500
Stimulus Tax
Credit
Install a
qualifying
renewable energy
product and
receive a
30% (up
to $1,500)
energy tax
credit towards
the product and
installation!
In accordance
with the
American
Recovery and
Reinvestment Act
of 2009 Energy
Conservation
Incentives,
non-businesses
may qualify for
this credit if
the wood or
pellet stoves
meet the
criteria of 75%
or better
efficiency as
measured using a
lower heating
value (LHV).The
tax credit
increases a tax
refund or
decreases the
amount the tax
payer has to pay
dollar for
dollar!
According to The
American
Recovery and
Reinvestment Tax
Act of 2009 (ARRTA)
with guidance
from IRS Notice
2009-53 the
following models
of
Biomass-Burning
Stove are
“Qualified
Energy Property”
(Wood or Pellet
Stove or Insert)
as defined in
Section 5.01(5),
and therefore
meets the >75%
LHV Efficiency:
